All Senior Managers Regime articles

  • Credit Suisse sign

    FINMA eyeing more power over banks. Will it make a difference?


    Bonus clawbacks, more fines, and a senior management regime that clearly identifies individual executives’ responsibilities for key governance areas are all options being considered by the Swiss Financial Market Supervisory Authority in response to the collapse of Credit Suisse.

  • Article

    FCA publishes final report on RBS


    The Financial Conduct Authority has concluded its investigation into the Royal Bank of Scotland and published a final report of its findings.

  • Blog

    U.K. Parliament Scraps ‘Burden of Proof’ for Bankers


    It’s official—bankers won’t have to worry about being held accountable for misconduct on their watch. Earlier this week, the U.K. Parliament’s Treasury Committee made a last-minute change to abandon the “burden of proof” rule for bankers. In other words, while bankers will have to fulfill their statutory duty of responsibility, ...

  • Article

    Compliance Officers Brace for U.K. Senior Managers Regime


    Image: During a panel discussion at Compliance Week’s Europe conference in Brussels last week, compliance executives discussed the broad implications of the new Senior Managers Regime, which makes senior executives personally accountable to regulators for their actions. You’ll also read a candid story of what a run-in with the Financial ...